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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JGoren who wrote (47571)	11/3/1999 12:03:00 PM
From: Jack Jackson	Read Replies (2) \| Respond to of 152472

CNNFN 11/3/99 - 11:52:48 AM ..... so we'll bring out chips that have significant data capability and we'll continue to make them smaller and require less power. We think we're well positioned. >> Mr. Jacob, it's andy serwer from fortune magazine. Houlg. >> Very good, thank you. >> There is controversy surrounding where the royalty stream from the cdma technology is going start to come in and play a big part in your company which would really drive your revenues going forward. Is that really going to come on stream soon or not? >> Well, i think it's already here. It's a very significant part of our profitability and it continues to grow. We saw about 40 million phones -- we anticipate about 40 million phones sold this year. We expect that to go to 70 million next year. The average selling price comes down, but that number going up that way means that roiltes will continue to increase. Terry: All right. I'm afraid we're out of time mr. Jacobs, we appreciate you coming by. Thanks a lot. Irwin jacobs, the chairman and ceo of qualcomm. Bill: Let's sum up our qualcomm analysis. On the bullish side, strong subscriber growth for its wireless technology and chip sales, and cost cutting in research and development helping the bottom line. On the downside, selling its phone unit could prove costly if the buyer opts to use a different company's chips. And increased competition in its lucrative chip business could lead to a sharp decline ..... Copyright © 1999 TVEyes.com, LLC All rights reserved. Questions, comments, or suggestions? Send us feedback.